The site waived their fees taken from online sales ensuring all revenue went. Let’s come together as a community to put money directly into artists' pockets: pic.twitter. Bandcamp typically takes only a 15 per cent share of sales, compared to about 30 per cent for both iTunes and Amazon. In support of the last Bandcamp Friday of 2020, weve compiled a list of. To keep supporting musicians during the Covid-19 pandemic, we are waiving our revenue share on all sales this Friday, May 1, from midnight to midnight PDT. It may sound simple, but the best way to help artists is with your direct financial support, and we hope you’ll join us through the coming months as we work to support artists in this challenging time.īandcamp’s mission is to create the best possible service for artists and labels to share and earn money from their music, and for fans to discover and enjoy it - and that has not changed throughout quarantine. With such a major revenue stream drying up almost entirely, finding ways to continue supporting artists in the coming months is an urgent priority for anyone who cares about music and the artists who create it. On these dates, 100% of money earned will go directly to the artists - May 1st, June 5th, and July 3rd.īandcamp CEO and co-founder Ethan Diamond said in a statement: Many independent artists, already squeezed by the collapse of. Bandcamp will waive its fees on the first Friday of each month for the next few months as part of its COVID-19 relief plan. Now valued at 28bn, and facing its own controversies over data collection and Store exclusivity, it’s no longer a feisty underdog. On Bandcamp Fridays, artists and labels receive approximately 93 percent. Now, the music streaming/purchasing platform has put a schedule in place as the effort continues. Almost 800,000 music fans have participated in Bandcamp Fridays, paying artists and labels 56 million in the process. To support artists during this difficult time, Bandcamp has waived its share of revenue on two separate occasions, generating millions worth of earnings.
0 Comments
Leave a Reply. |
AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |